Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    3503 Kernan Boulevard South Jacksonville, FL 32224

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $23 SF/Yr

    Retail space available in Publix anchored Kernan Plaza.

    Type:Retail
    Property size:
    1,300 SF
    Added:
    Mar 6, 2026
    Days on Market:
    28
    Last Refresh:
    Apr 1 at 11:25 pm

    Property Features for 3503 Kernan Boulevard South

    General Information

    Standard status
    Active
    Size
    1,300 SF
    Property subtype
    Retail

    Building Details

    Year Built
    2002

    Spaces For Lease

    at 3503 Kernan Boulevard South Contact us

    We can help!

    Listing Contact
    Austin Kay
    Austin Kay

    Listing agent Austin Kay License #3281187

    Listing office NAI Hallmark | Jacksonville

    Listing date Mar 6, 2026

    Source Naihallmark

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of NAI Hallmark | Jacksonville

    Overview

    Retail Space in Kernan Plaza

    Located in Kernan Plaza, a Publix-anchored shadow center at the southeast corner of Beach and Kernan Boulevards, this retail space is now available for rent. The property offers accessibility traveling northbound on Kernan Boulevard, as well as via the Publix shopping center traveling both east and west on Beach Boulevard. The location is across the street from Tamaya, a gated residential community, and Tamaya Market, a Sprouts Farmers Market-anchored shopping center. The space was formerly a barber/hair salon and is divisible to 1,300 square feet.
    Location Intelligence

    Current Use by Public Records

    Custom Ts Custom T-Shirt Store A Bit of Saigon Restaurant Image Hair Studio Hair Salon Paper Airplane Behavioral ... Crisis Center Natural Life CBD ... Specialty Food Shop

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Jacksonville
    County
    Duval
    State
    Florida
    Longitude
    -81.4886
    Latitude
    30.2853

    Nearby Similar for Lease

    • Contact for pricing

      Grocery Store Prime Location

      Versatile commercial property, formerly a grocery store, ready for lease.
      3631 EMERSON Street, Jacksonville, FL 32207
      View Details
    • Contact for pricing

      Versatile Commercial Property, Jacksonville, FL

      Flexible commercial space suitable for office, live/work, or storage.
      8540 W BEAVER Street, Jacksonville, FL 32220
      View Details
    • Contact for pricing

      Prime Jacksonville Office Suite

      Expansive, refreshed office space in a premier Jacksonville location.
      7563 PHILIPS Highway unit: 201-207, Jacksonville, FL 32256
      View Details
    • Contact for pricing

      Versatile Commercial Space in Jacksonville

      Adaptable commercial space suitable for various business operations.
      9953 LEM TURNER Road, Jacksonville, FL 32208
      View Details
    • Contact for pricing

      Well-Maintained Office Condo For Rent

      Office condo with enhanced natural light available for lease.
      12627 SAN JOSE Boulevard unit: 306, Jacksonville, FL 32223
      View Details
    • $26,107/mo

      Jacksonville Flex Facility For Lease

      Flex facility with showroom, office, and warehouse space available for lease.
      619 CASSAT Avenue, Jacksonville, FL 32205
      View Details
    • Contact for pricing

      Jacksonville Professional Medical/Office Space

      Class A office park with medical and office spaces available.
      12276 SAN JOSE Boulevard unit: 210, Jacksonville, FL 32223
      View Details
    • Contact for pricing

      Renovated Commercial Shop with Sublease

      Two-unit commercial shop available for lease with recent renovations.
      5804 ARLINGTON Road, Jacksonville, FL 32211
      View Details
    • Contact for pricing

      Jacksonville Commercial Property For Rent

      Commercial property in Jacksonville, FL, available for rent.
      1417 LARUE Avenue, Jacksonville, FL 32207
      View Details
    • Contact for pricing

      Jacksonville Office Space For Lease

      Office space for lease with parking and 24/7 access.
      5876 Old Timuquana Road, Jacksonville, FL 32210
      View Details
    • Contact for pricing

      Jacksonville Office Condo For Rent

      Office condo for rent in Timuquana Office Park.
      5911 TIMUQUANA Road unit: 301, Jacksonville, FL 32210
      View Details
    • Contact for pricing

      Jacksonville Flex Space For Rent

      Flex space with warehouse and office in high-traffic area.
      13755 ATLANTIC Boulevard unit: B, Jacksonville, FL 32225
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail space available in Publix anchored Kernan Plaza.
    Where is this retail space located?
    The property is located at 3503 Kernan Boulevard South Jacksonville, FL.
    What is the lease rate?
    The lease rate is $23 SF/Yr.
    What are key features of this property?
    This property features: Publix‑anchored shadow center location.; High‑traffic location at the SE corner of Beach and Kernan Boulevards.; Easy access from Kernan Blvd and Beach Blvd.
    (904) 493-4495
    We can help!
    Listing Contact
    Austin Kay
    Austin Kay
    Real Estate License ID: 3281187
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!